. The director of capital budgeting for Big Sky Health System, Inc. has estimated the following cash flows for a new service and has a cost of capital of 10%. What is the project's payback period?

Year: 0

Expected Net Cash Flow: $(100,000)

Year: 1

Expected Net Cash Flow: $70,000

Year: 2

Expected Net Cash Flow $50,000

Year: 3

Expected Net Cash Flow: $20,000